Chrysler 2009 Annual Report Download - page 171

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170 FIAT GROUP
CONSOLIDATED
FINANCIAL
STATEMENTS
AT 31 DECEMBER
2009
NOTES
In 2009 and in 2008 changes in the net carrying amount of Intangible assets were as follows:
Translation
At 31 Change in Reclassified diff. and At 31
December Impairment the scope of to Assets other December
( million) 2008 Additions Amortisation losses Divestitures consolidation held for sale changes 2009
Goodwill 2,815 - - - - - - (39) 2,776
Trademarks and other intangible assets
with indefinite useful lives 170 - - - - - - (5) 165
Development costs externally acquired 1,344 307 (286) (50) (22) - - 49 1,342
Development costs internally generated 1,985 739 (419) (64) (8) - - 18 2,251
Total Development costs 3,329 1,046 (705) (114) (30) - - 67 3,593
Patents, concessions and licenses externally acquired 389 68 (126) - (4) - - 32 359
Other intangible assets externally acquired 307 69 (73) - (5) - - (3) 295
Advances and intangible assets in
progress externally acquired 38 7 - (10) - - - (24) 11
Total net carrying amount of Intangible assets 7,048 1,190 (904) (124) (39) - - 28 7,199
Translation
At 31 Change in Reclassified diff. and At 31
December Impairment the scope of to Assets other December
( million) 2007 Additions Amortisation losses Divestitures consolidation held for sale changes 2008
Goodwill 2,724 - - (12) - 31 - 72 2,815
Trademarks and other intangible assets
with indefinite useful lives 162 - - - - - - 8 170
Development costs externally acquired 1,428 475 (372) (1) (43) - - (143) 1,344
Development costs internally generated 1,534 741 (363) (9) (19) 6 - 95 1,985
Total Development costs 2,962 1,216 (735) (10) (62) 6 - (48) 3,329
Patents, concessions and licenses externally acquired 392 108 (131) - (3) 1 (7) 29 389
Other intangible assets externally acquired 229 147 (66) - (1) 2 - (4) 307
Advances and intangible assets in
progress externally acquired 54 20 - (10) (1) 2 - (27) 38
Total net carrying amount of Intangible assets 6,523 1,491 (932) (32) (67) 42 (7) 30 7,048
The increase of฀€42 million in the net carrying amount of Intangible assets in 2008 arising from the Change in the scope of consolidation consisted mainly
of฀€41 million deriving from the consolidation on a line-by-line basis of the Ergom Group and฀€1 million from the acquisition of Tritec Motors Ltda (now FPT
Powertrain do Brasil Industria e Comércio de Motores Ltda).
Foreign exchange gains of฀€27 million in 2009 principally reflect the appreciation of the Real against the Euro, partially offset by the depreciation of the US
Dollar against the Euro. In 2008, exchange gains of฀€6 million principally reflect changes in the Euro/US dollar, Euro/Real, Euro/Zloty and Euro/Canadian
dollar exchange rate.
In 2008 a reversal of previously recognised impairment losses for฀€17 million was included in the column Translation differences and Other changes.